Banque Populaire says that will now be using the HPS’s PowerCARD solution to process electronic payment transactions of all of its subsidiaries in Africa.
The partnership between Banque Populaire and HPS dates back to 2001 when the
Banque Populaire selects HPS to expand pan-african payments
PowerCARD solution was implemented to manage all Moroccan electronic payment activities of the Group that offers today a comprehensive card payment service with almost 4 million cards issued and a network of more than 1,500 ATMs.
This strategic partnership was strengthened when Banque Populaire Group choses the PowerCARD solution in November 2014 to manage all the electronic payment activities for all the banks in its subsidiary, namely, Banque Atlantique present in Benin, Burkina Faso, Ivory Coast, Mali, Nigeria, Senegal, and Togo.
“We have a longstanding partnership with HPS and are delighted to extend this to include Banque Atlantique through the emergence of the first pan-African payment platform in Morocco,” commentes Hassan Debbagh, Deputy Managing Director, Banque Populaire, “PowerCARD is the perfect solution for our Group, because its flexibility enables our subsidiaries to serve the specific needs of their local customers while still consolidating our pan-African payments platform; which was first designed to serve our Sub-Saharan African subsidiaries before processing other banks’ payment activities.”
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